As of November 3, 2026, the cheapest reward night we price here costs 19,000 IHG points for a December 2026 check-in. Booking that same night with cash would cost about $119. On a typical night here, a point is worth 0.55¢, roughly 0% above the IHG program median of 0.55¢. Among the 14 IHG hotels we track in Madrid, it ranks 5th for point value. Four nearby IHG hotels give you more per point. Program-wide it ranks 3303rd of 6,695 IHG hotels.
This hotel ranks 5th of 14 IHG hotels we track in Madrid. Ranked by cents per point, across every IHG brand.
| Check-in | Points | Cash | ¢/pt |
|---|---|---|---|
| Aug 2026 | 20,000 | $117 | 0.59 |
| Sep 2026 | 33,000 | $382 | 1.16 |
| Oct 2026 | 42,000 | $281 | 0.67 |
| Nov 2026 | 24,000 | $180 | 0.75 |
| Dec 2026 | 19,000 | $119 | 0.63 |
| Jan 2027 | 29,000 | $132 | 0.46 |
| Feb 2027 | 37,000 | $176 | 0.48 |
| Mar 2027 | 28,000 | $144 | 0.51 |
voco Madrid - Retiro is the 5th point value among the 14 Madrid hotels we price daily. The strongest value there right now is Holiday Inn Express Madrid - Alcobendas at 0.61¢ per point. The cheapest night on sale here has ranged from 19,000 to 39,000 points, depending on the day you check. Within voco it ranks 104th of 149 on point value. At 0.55¢ per point it beats 51% of the IHG hotels we track, a fair use of points.
From 19,000 IHG points as of November 3, 2026. The cheapest night on sale has ranged from 19,000 to 39,000 points, depending on the day. Prices move daily.
A free reward night here starts at 19,000 points in December 2026, the cheapest month we have priced. That is a straight points redemption, not a free night certificate.
It is a fair use. At 0.55¢ per point it sits above the IHG median of 0.55¢ and beats 51% of hotels we track.
Holiday Inn Express Madrid - Alcobendas at 0.61¢ per point is the best IHG point value we track in Madrid right now.
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